Newsroom

Anticipating India’s Electric Vehicles Era : Exploring the Promise of the likely New Policy

Financial Express reports: India is gearing up for a significant shift toward electric vehicles (EVs) with new policies aimed at boosting infrastructure, providing incentives, and ensuring sustainability. Revfin, a pioneering digital lending platform, is at the forefront of this movement, offering accessible financing options that promote both sustainable transportation and financial inclusion in India. The combination of government support and innovative financing solutions is set to accelerate EV adoption, contributing to a greener and more inclusive economy.

PressGreen Frontier CapitalJune 1, 2024Revfin, Source: Financial Express

Solving The Climate Crisis: One Fund At A Time

Pleased to announce that we have received coverage overnight alongside other well-renowned climate investors in Entrepreneur Media. The attached article highlights our perspective and includes quotes from our Managing Partner, Sandiip Bhammer, on the significant impact of regulatory changes on the viability and growth of climate tech startups. Sandiip also discusses the importance of incorporating ESG aspects into businesses to align with regulatory expectations and enhance their appeal to investors prioritizing sustainable and responsible investments.

Govt aims to eliminate diesel, petrol vehicles in India by 2034: Gadkari

Exciting news from India's transportation sector! Union Minister Nitin Gadkari has announced that the government aims to eliminate diesel and petrol vehicles in India by 2034. At Green Frontier Capital, we welcome this visionary commitment towards a cleaner and greener future. As a climate-focused VC fund, we are dedicated to supporting innovations that accelerate the adoption of EVs, enhance charging infrastructure, and promote sustainable mobility initiatives across the country.

Shubhika and Suramya featured on Forbes Asia's 30 under 30

We are thrilled to announce that the co-founders of our portfolio company, RAS Luxury Skincare, Shubhika Jain and Suramya Jain, have been featured on the Forbes Asia 30 Under 30 2024 list! This recognition is a testament to their incredible work and the innovative strides they are making in the beauty industry. We are proud to support such visionary leaders on their journey to revolutionize the beauty landscape. Congratulations to Shubhika and Suramya on this amazing achievement! We are excited to see what the future holds.

PressJennifer BernsteinMay 17, 2024RAS Luxury Oils, Source: Forbes Asia

Innovate as you go

Financial Express Reports: In a recent article titled 'Innovate as you go' in the Financial Express, Karan Mehta, Venture Principal at Green Frontier Capital, discusses the significant potential of agritech in India. Mehta emphasizes the sector's scope for technological advancement to address environmental challenges and boost productivity.

Indian EV firm BluSmart crosses Rs 500 crores in annual run rate in FY24

Economic Times reports the company's gross business value (GBV) delivered a compound annual growth rate (CAGR) of 300 per cent over the last three years, it said in a statement.

PressGreen Frontier CapitalApril 30, 2024BluSmart, Source: Economic Times

Climate Crusade: India’s instrumental role in climate justice amid global North-South divide

Your Story Reports: Sandiip Bhammer, Managing Partner of GFC writes on India’s strategic commitment to reducing its carbon intensity and enhancing its renewable energy capacity underscores its dedication to combating climate change.

MS Dhoni Gets the EMotorad Doodle V3 E-cycle

HT Auto reports: MS Dhoni was recently seen taking a spin on his new wheels, the EMotorad Doodle V3 e-cycle.

PressGreen Frontier CapitalApril 11, 2024Green Frontier Capital, Emotorad, Source: HT Auto

Revfin Partners with SUN Mobility to Finance EV Fleets and Vehicles

ETEnergyWorld reports: In a bid to fast-track the adoption of electric vehicles (EVs) across India, SUN Mobility and Revfin have partnered to provide innovative financing solutions for or fleet and passenger vehicles utilizing SUN Mobility's Battery-as-a-Service model. Under the partnership, Revfin will focus on financing 2-wheelers for fleet businesses and 3-wheelers for cargo and passenger vehicle segments.

PressGreen Frontier CapitalApril 11, 2024Revfin, Green Frontier Capital, Source: ET Energy World

Gender Equity: Unfinished Business For Startups

BW Businessworld reports: On the occasion of International Women's Day, our Founder and Co-Managing Partner, Sandiip Bhammer, provided insights on the evolving role of women entrepreneurs in India's startup landscape. Despite the global trend where women-led startups receive a fraction of venture capital, he highlighted how Indian women entrepreneurs are carving a niche for themselves, demonstrating remarkable innovation and resilience.

Quantum Energy Partners with Battery Smart to Enable Swappable Batteries for Last Mile Mobility

Outlook Start-Up Desk reports: Quantum Energy has partnered with Battery Smart, a battery-swapping network for electric two and three-wheelers. This collaboration signals a promising future for electric vehicle adoption in India. We look forward to seeing the positive impact of this partnership on the country's transportation landscape.

Aga Khan warns climate change will affect Muslim world

Gulf News reports: In today's rapidly changing environment, it's crucial that we turn our attention to the sectors and communities most vulnerable to the effects of climate change. A recent article (attached) highlights a pressing issue: "Climate Change Will Hit the Muslim World Harder - Aga Khan" This headline captures a stark reality, underscoring the disproportionate impact climate change has on diverse populations around the globe. The article delves into the various factors contributing to this heightened vulnerability, including geographical locations prone to extreme weather events, economic dependencies on climate-sensitive resources, and the urgent need for sustainable practices within these communities.

PressGreen Frontier CapitalFebruary 22, 2024Green Frontier Capital, Source: Gulf News

Sandiip Bhammer at Darden Emerging Markets Conference, EV Mobility in India, Darden School of Business, Virginia

Don't miss the opportunity to hear from our Founder and Managing Partner, Sandiip Bhammer, at the University of Virginia Darden School of Business's Emerging Markets Conference in Charlottesville, VA. Sandiip will be sharing insights both as a panelist discussing the Indian economy as well as in an engaging fireside chat alongside Punit K Goyal, Co-Founder of BluSmart, one of Green Frontier Capital's esteemed investee companies. This is an event not to be missed for anyone interested in the future of emerging markets and sustainable investments.

PressGreen Frontier CapitalFebruary 22, 2024Green Frontier Capital, Sandiip Bhammer, Source: LinkedIn

Magenta Mobility, Euler Motor extend partnership

The Press Trust of India reports: MUMBAI – Electric mobility firm Magenta Mobility and commercial electric vehicles maker Euler Motor on Thursday said they were extending their four-year-old partnership, under which Magenta will procure an additional 2,000 cargo e-three-wheeler HiLoad of the latter. This comes on the back of deliveries of 500 such vehicles to Magenta, as per a statement. The Electric Vehicles (EVs) for the new order will be manufactured at Euler Motors' Palwal manufacturing hub and are expected to be delivered in the next 18 months, it said.

To accelerate energy transition, commercial EVs need to deliver value: Euler Motors CEO

Aggam Walia reports for The Indian Express: In an interview with Aggam Walia, Kumar, who is also CEO at Euler, Mr. Humar spoke about the company's journey thus far, the scope for alternative fuels for cargo-carrying vehicles, technologies to improve electric vehicles (EV’s) battery longevity, and expectations from the government’s FAME subsidy.

Green Frontier Capital's Sandiip Bhammer On Challenges In Climate Investment And More

Malvika Maloo reports for VCCircle: Sandip Bhammer, Founder and the Managing Partner of Green Frontier Capital, leads a climate-focused venture capital firm that has supported companies such as BluSmart, Battery Smart, KisanKonnect, Nutrifresh, and ElectricPe with approximately $30 million in investments. In a conversation with VCCircle, Mr. Bhammer discusses the fund's approach, investment principles, and the climate investment landscape in India.

PressGreen Frontier CapitalFebruary 9, 2024Green Frontier Capital, Sandiip Bhammer, Source: VCCircle

Budget 2024 for Real Estate: Modi Govt announces THIS scheme to make city encroachment free - Details Inside

Anish Mondal reports for ET Now: The Budget 2024-25 in India introduces a rooftop solarization scheme, benefiting around one crore households and providing up to 300 units of free electricity monthly, "The decision to provide free electricity via rooftop solarization is a double win - it reduces the environmental impact and eases the financial burden on households. It’s a model initiative for sustainable development." – Sandiip Bhammer, Founder and Co-Managing Partner, Green Frontier Capital

PressGreen Frontier CapitalFebruary 5, 2024Green Frontier Capital, Sandiip Bhammer, Source: ET Now

Interim Budget 2024 Insights: Entrepreneur Explains

Ritu Marya interviews Sandiip Bhammer for Entrepreneur India: “What was clear in this budget, which was great for us, because we are a climate change fund, is the government’s continued commitment to addressing climate change as a big thrust area.” “They spoke about one crore homes being potentially solarized from a rooftop perspective or the setting up of incentives for the creation of charging infrastructure to create employment. As well as the incentivising the use of electric vehicle buses for public transportation and transition to a more EV based economy.” – Sandiip Bhammer, Founder and Co-Managing Partner of Green Frontier Capital.

Budget 2024 Provides Support For Wind, Solar Energy; Fails To Address Alternative Auto Fuels

Aparajita Saxena reports for Your Story: Budget 2024 in India has unveiled support for the growth of the green energy sector, particularly focusing on wind and solar energy. The budget provides solar rooftop panels to households below the poverty line, potentially leading to substantial savings and supporting the electric vehicle sector. The decision to provide free electricity via rooftop solarisation is a double win as it reduces the environmental impact and eases the financial burden on households.

PressGreen Frontier CapitalFebruary 5, 2024Green Frontier Capital, Sandiip Bhammer, Source: Yourstory

India's interim budget for 2024-25 proposes incentives for wind, solar, biofuels growth

S&P Global reports: India's interim budget for 2024-25 unveils significant incentives for renewable energy, showcasing the country's commitment to decarbonization. The budget includes measures such as viability gap funding for offshore wind, a rooftop solar plan providing 300 kWh/month of free power to households, and a scheme for biogas blending in natural gas for transport. "The move to provide electricity through rooftop solarization stands out as a dual-benefit initiative," Bhammer said. "It not only lessens environmental impact but also alleviates financial burdens on households…

PressGreen Frontier CapitalFebruary 2, 2024Green Frontier Capital, Sandiip Bhammer, Source: S&P Global

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